The recent dramatic fall in oil prices has led to extensive capital rationing in international oil companies, and subsequent fierce competition between resource extraction countries to attract scarce investment. This situation is not adequately addressed by the large literature on international...

Die gesellschaftliche Zustimmung zu den politischen Zielen der Energiewende wird nicht unwesentlich von ihren finanziellen Verteilungswirkungen und den individuellen Gerechtigkeitsvorstellungen der privaten Haushalte beeinflusst. Die empirische Untersuchung dieses Zusammenhangs bildet den Kern...

Mitigation-Process Integrated Assessment Models (MP-IAMs) are used to analyze long-term transformation pathways of the energy system required to achieve stringent climate change mitigation targets. Due to their substantial temporal and spatial aggregation, IAMs cannot explicitly represent all...

The availability of technology plays a major role in the feasibility and costs of climate policy. Nonetheless, technological change is highly uncertain and capital intensive, requiring risky efforts in research and development of clean energy technologies. In this paper, we introduce a two-track...

Following the first oil crisis, France launched the world’s largest ever nuclear energy program, commissioning 58 new reactors. These reactors are now reaching 40 years of age, the end of their technological lifetime. This places France at an energy policy crossroads: should the reactors be...

The reliability of the electricity grid is of vital significance for the proper functioning of a society and its economy. The aim of this study is to develop a methodology to quantify differences in the electricity distribution grid's economic importance, and investigate limitations from its...

This article presents an applied general equilibrium model which combines the theoretical foundations of an Eaton-Kortum type model of international trade with the complexity of a global multi-region, multi-sector Computable General Equilibrium (CGE) model of production and consumption. The...

Standard panel unit root tests (PURTs) are not robust to breaks in innovation variances. Consequently, recent papers have proposed PURTs that are pivotal in the presence of volatility shifts. The applicability of these tests, however, has been restricted to cases where the data contains only an...

The Southern African region, from a purely biophysical perspective, has huge potential for biofuel production, especially in Mozambique and Zambia. Although many of the soils are sandy and acidic, with careful management and correct fertilization, they should be highly productive. We suggest...

Much of the energy used in the world is associated with the construction sector, and one of the ways to reduce that energy consumption is to do each constructive process in an energetically efficient way. The aim of this paper is to present results from an energy efficiency program in the...